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Sole And Separate Property

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  • 12-24-2007, 09:00 AM
    Coprolite
    Sole And Separate Property
    North Carolina

    I am married & the subject account is intended to be in my estate.

    A fund I recently set up titled the account:confused: as "Mr X, Sole and Separate Property, address". I've never had one so-titled before. Does it matter...should I have it changed?
  • 12-26-2007, 06:04 AM
    lwpat
    Re: Sole And Separate Property
    Sorry, not enough information. Usually the sole and separate property designation is to keep property before marraige from becoming transmuted into marital property in case of a divorce or death. If it is marital property only one half goes into your estate since the other half belongs to your wife.
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